3-bedroom flat · YO14 9BY
Listing removedListed 208 days
Opportunity summary
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About
A second floor apartment offering two bedroomed accommodation with original 'arched window' features of this chapel conversion located in Filey's Town Centre.
Built in 1870 (approx), The Chapel is one of Filey's Historical Buildings, now designed for modern living with open plan lounge/kitchen/diner.
Other features include lift and stair access to all floors and an entry phone system to the building which is fully managed. Convenient for all amenities including the beach access and shopping areas.
For sale with vacant possession. Viewing is recommended. Tenure The property is believed to be leasehold with a 999 year lease originating from 1st January 2005 and ending on 1st January 3004.
The service charge for 2025 is £385.00 per quarter.
(£1540 per annum)The freehold of the building is owned by the management company (Filey Chapel Management) which is in turn owned by the flat owners.
The managing agents are Nicholsons Lettings & Management Ltd.All matters of tenure are subject to verification and clarification in a contract of sale.
Inspection Strictly by appointment through the agents. Disclaimer These particulars are subject to constant review and updating.
Comments under tenure, council tax, planning use and service availability are provided for guidance only and are not based on formal enquiry, which is outside the scope of our Agency instructions.
It remains for purchasers to satisfy themselves as to the facts. We cannot therefore accept any responsibility for information provided in good faith which may subsequently require amendment.
Measurements provided are approximate only and should not be relied upon for other purposes.
Mortgages We will be pleased to offer mortgage advice for this property, details of which are available from our Filey Office by calling .Advice will be given by Licensed Credit Brokers.
Written quotations on request.Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Communal Entrance Door (front) A large arched shaped oak door leads from the front of the building into the communal entrance hall, providing access to all apartments via lift or stairwell (a further entrance door is located to the side of the property).
Private Entrance Hall Doors off to the bathroom, bedrooms and to the living room. Lounge Area Three large double glazed arched windows. One electric radiator. Television and telephone points.
Lounge Area Dining Area uPVC double glazed arch window looking over Union Street.
Dining Area Kitchen A range of fitted wall and base cupboards in a oak finish, worktops and stainless steel inset sink unit with strainer. Standing room for fridge and freezer.
Standing room for dryer. Induction four ringed hob with stainless steel cooker hood over. Gas single oven. Spotlighting.
Bedroom Large double glazed 'arched shaped' window looking to the side of the property. Spotlighting. Bedroom Bedroom Large double glazed 'arched shaped' window looking to the side of the property.
Spotlighting. Bathroom Tiling to the walls (in part) with a three piece suite comprising a pedestal handwash basin, panelled bath unit (in white) with a mains shower fitting over, low suite W.C.
Extractor fan. Heated towel rail. Airing cupboard housing the water heater. Outside Use of the common hall and bin storage area to the rear of the building.
Council Tax Online enquiries suggest that the property lies in 'Band C'.Verbal enquiries from Scarborough Borough Council on .
Reference JT/F7701 Services Mains supplies of water, electricity and drainage are connected to the property.(Please note it is not company policy to test any services or appliances in properties offered for sale, and these should be verified by the purchasers).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Fishermans Chapel, Filey
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